Professional Documents
Culture Documents
Property Project Final
Property Project Final
BETWEEN
M/s Makhan Real Estate Pvt. Ltd., which would be represented by Mr. Kamal
Kishore Khosla, son of Shri Chirunjilal Khosla resident of flat no. RT-508, Royal
Tower, Shipra Suncity, Indirapuram, Ghaziabad, Uttar Pradesh, 201014
hereinafter referred to as the VENDOR of the ONE PART
AND
Mr. Harbind Khurana, son of Shri Naman Khurana resident of C-19, Raj Nagar
Extension, Ghaziabad, Uttar Pradesh, 201020 hereinafter referred to as the
PURCHASER of the OTHER PART.
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WHEREAS
A. The VENDOR is absolutely seized and possessed of the land bearing Flat No
RT-508, situated at Royal Tower, Shipra Suncity, Indirapuram,
Ghaziabad, Uttar Pradesh, 201014 and hereinafter referred to as the said
land in Schedule- I.
B. The Vendor developed the said land and for that purpose obtained permission
of the Competent Authority under provisions of the Urban Land (Ceiling and
Regulation) Act vide his Order No. AS500/ 9768 dated 6th September,2008;
C. AND WHEREAS the Vendor had submitted the building plans to the Nagar
Nigam Ghaziabad, which have been approved by the Nagar Nigam
Ghaziabad n vide letter No BJ/6590 dated 10th October, 2008 subject to
certain conditions laid down in the said letter;
D. AND WHEREAS the Vendor has started the construction of the buildings as
per the building plans approved by the Nagar Nigam Ghaziabad enclosed
herewith at Annexure 1;
E. AND WHEREAS the Vendor has agreed to sell one 3 BHK apartment on the
SECOND FLOOR floor in the building No. fifteen constructed and having
the specifications hereunder written at a price of Rs 99,00,000 (Rupees
Ninety-nine Lakhs only) subject to the terms and conditions hereinafter
appearing.
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F. AND WHEREAS the Purchaser has inspected the documents relating to the
land, the order of the Competent Authority, site plans approved by the Nagar
Nigam Ghaziabad and is satisfied about the Vendors title to the said property
and the site plans of the proposed buildings;
G. AND WHEREAS the title of the Vendor to the said property has been
certified to be clear, marketable and free from encumbrances by M/s. ARSE
Solicitors and Advocates and a copy of the said title certificate is hereto
annexed at Annexure II;
H. AND WHEREAS the Vendor has agreed to sell and the Purchaser has agreed
to purchase the 3 BHK Apartment No 508 on the FIFTH floor in the
building the tower hereinafter referred to as the said Apartment on the
following terms and conditions.
1.1 Definitions
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When used in this Deed, the defined terms set forth in this Clause shall have,
unless otherwise required by the context thereof, the following meanings:
1.1.1 Deed shall mean this SALE Deed and any and all Recitals,
schedules, annexures and exhibits attached to it or incorporated in it
by reference, and shall include any modifications to this Deed, as may
be mutually agreed in writing by the Parties.
1.1.2 Laws shall mean and include all laws, rules, ordinances, and
regulations from time to time in force in India.
1.2 Interpretation
1.2.1 The terms referred to in this Deed shall, unless defined otherwise or
inconsistent with the context or meaning thereof, bear the meaning
ascribed to it under the relevant statute/legislation.
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1.2.3 Words denoting the singular shall include the plural and words
denoting any gender shall include all genders.
1.2.5 Reference to days, months and years are to Gregorian days, months
and calendar years respectively.
1.2.7 The words include, including and among other things shall be
deemed to be followed by without limitation or but not limited to
whether or not they are followed by such phrases or words of like
import.
2.1 The Vendor agrees to sell and the Purchaser agrees to purchase the 4
BHK Apartment No 508 on FIFTH floor in the building tower of Carpet Area
admeasuring 1200 sq. metres as delineated on the plan thereof hereto annexed
and thereon shown surrounded by green coloured boundary line at or for a sum of
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Rs 99,00,000 (Rupees NINETY- NINE LAKHS ONLY). The Purchaser agrees
that out of the said amount of Rs 99,00,000 to be paid by him to the Vendor, a
sum of Rs 59,00,000 has been paid by the Purchaser to the Vendor on the
execution of these presents (the payment and receipt the Vendor doth hereby admit
and acknowledge) and the balance will be paid by installment as follows:
2.2 The amounts payable under these presents are not paid within the time
stipulated, the Purchaser will be liable to pay interest at the rate of 18% per annum
from the due date of payment to the date of payment.
3. REPRESENTATION CLAUSE:
3.1 That the VENDOR hereby assures the PURCHASER that the VENDOR
has neither done nor been party to any act whereby the VENDOR's rights and title
to the said portion of the said property may in any way be impaired or whereby
the VENDOR may be prevented from transferring the said portion of the said
property.
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3.2 That the VENDOR hereby declares and represents that the said portion
of the said property is not subject matter of any HUF and that no part of the said
portion of the said property is owned by any minor.
3.3 That the VENDOR assures the PURCHASER that the said portion of
the said property is free from all kinds of encumbrances such as prior Sale, Gift,
Mortgage, Will, Trust, Exchange, Lease, legal flaw, claims, prior Agreement to
Sell, Loan, Surety, Security, lien, court injunction, litigation, stay order, notices,
charges, family or religious dispute, acquisition, attachment in the decree of any
court, hypothecation, Income Tax or Wealth Tax attachment or any other
registered or unregistered encumbrances whatsoever, and if it is ever proved
otherwise, or if the whole or any part of the said portion of the said property is
ever taken away or goes out from the possession of the PURCHASER on account
of any legal defect in the ownership and title of the VENDOR then the VENDOR
will be liable and responsible to make good the loss suffered by the PURCHASER
and keep the PURCHASER saved, harmless and indemnified against all such
losses and damages suffered by the PURCHASER.
3.4 That the PURCHASER have full right to nominate or assign this
Agreement to Sell in favor of any person or persons, be it a firm, body corporate
or association of person and the VENDOR shall have no objection to it.
4.1 The Vendor shall deliver the possession of the apartment to the
Purchaser on or before 25th day of September, 2016. The vendor shall obtain the
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completion and occupation certificate in respect I the said apartment from the
Nagar Nigam Ghaziabad. The purchaser shall take possession of the apartment
within one week of a receipt of the notice of the Vendor to the Purchaser that the
said apartment is ready for use and occupation and that the completion certificate
and occupation certificate has been obtained from the Nagar Nigam Ghaziabad;
4.2 Vendor will deliver the possession of the apartment to the Purchaser
only if the Purchaser has paid all the amounts payable by him under this
Agreement to the Vendor and if he has duly observed and performed all
obligations and stipulations contained in this Agreement and on his part to be
observed and performed.
4.3 The Purchaser shall on or before the delivery of possession of the said
apartment keep deposited with the Vendor a sum of Rs. 3,00,000 (Rupees Three
Lakh Only) towards legal charges, expenses of formation of Association and
execution of these presents and other documents a required to be executed. The
Purchaser shall also be liable to pay expenses on account of stamp duty and
registration charges in respect of the Deed of Apartment.
4.4 That pending completion of the sale, the VENDOR neither shall enter
into any agreement of sale in respect of the said property or any part thereof nor
shall create any charges, mortgage, lien or any arrangement, in respect of the
said property in any manner whatsoever.
4.5 That the VENDOR has delivered the Photostat copies of all relevant
documents in respect of the said property to the PURCHASER.
4.6 That all the expenses of the Sale Deed viz. Stamp Duty, Registration
charges, etc. shall be borne and paid by the PURCHASER.
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5. RIGHTS OF THE PURCHASER:
5.1 The Vendor shall convey and assign all rights, title and interest in each
apartment to each purchaser after the completion of building and on receipt of all
payments, price, deposits payable by the Purchasers to the Vendor in respect of
all apartments/car parking spaces and other premises in the said building.
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rent, taxes, assessments, dues, duties, impositions and outgoings
up to the date of delivery of the possession to the flat owners and
transfer of the building is complete.
5.2 That the house tax, water and electricity charges and other dues and
demands if any payable in respect of the said portion of the said property shall
be paid by the VENDOR up to the date of handing over the possession and
thereafter the PURCHASER will be responsible for the payment of the same.
5.3 That the PURCHASER shall have, as a matter of right, right to use all
entrances, passages, staircases and other common facilities as are available in
the said Building. That a separate electric meter and water meter have been
provided in the said building for the exclusive use of the owner(s)/occupants of
the said portion of the said property.
6.1 The Purchaser shall use the apartment or any part thereof or permit the
same to be used only for the purpose of residence and the Purchaser hereby
covenants with the Vendor as follows.-
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situated, staircase or any passage which may be against the
rules, regulations, or bye-laws of Nagar Nigam Ghaziabad or
any other authority or change/alter or make addition in or to
the building in which the apartment is situated and the
apartment itself or any part thereof.
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7. WAIVER:
8. AMENDMENT:
9. STATUTORY COMPLIANCES
9.1 The Parties hereto undertake to observe and comply with all
laws, orders, rules, regulations and other legal requirements and notifications in force
from time to time, as applicable to them.
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10. NOTICES:
Viz :
Ghaziabad,
11. JURISDICTION:
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IN WITNESS WHEREOF the parties hereto have hereunto put their respective
hands the day and year first hereinabove mentioned.
Annexure I
Annexure II
Annexure III
WITNESSES:
A. Seller -
1. Mr. Akshat Mittal, 48 years old r/o U-68,Windsor Society, Vaibhav Khand,
Indirapuram, Ghaziabad, Uttar Pradesh.
2. Mr. Saksham Rastogi, 50 year old r/o Flat no. 103, Rajouri Gardens, Indirapuram,
Ghaziabad.
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B. Buyer-
1. Mr. Shivam Singh, 49 year old, r/o 35/17, Block-B,Rajajipuram. Ghaziabad
Indirapuram, Ghaziabad.
2. Mr. Mudit Kothiwal, 45 years old, r/o Flat no. 786, Mahagun, Dasna, Opp. ABES
College, Ghaziabad, Uttar Pradesh.
SCHEDULE- I:
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ANNEXURE-I:
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ANNEXURE-II:
CERTIFICATE OF TITLE:
Certified that title of the property situated at flat no. RT-508,Royal Tower, Shipra
Suncity, Indirapuram, Ghaziabad, Uttar Pradesh, 201014 which is within the
limits of Municipal Corporation and within the limits of, Dist: Nigam Ghaziabad,
admeasuring about 1200 Sq. mts. And bounded as under:-
Is owned and possessed exclusively by the owner M/s Makhan Real Estate Pvt.
Ltd., which would be represented by Mr. Harbind Khosla, son of Mr. Chirunjilal
Khosla resident of C-19, Raj Nagar Extension, Ghaziabad, Uttar Pradesh-201020
The said property belongs to the said M/s Makhan Real Estate Pvt. Ltd., and is in
his possession. The title of the said property is clear and marketable and there are no
encumbrances. The title certificate is on the basis of search conducted from the
revenue records of last 30 years.
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ANNEXURE-III:
ENCUMBRAMCE CERTIFICATE
I Mr. Harbind Khosla, son of Mr. Chirunjilal Khosla resident of C-19, Raj Nagar
Extension, Ghaziabad, Uttar Pradesh-201020 do hereby solemnly Affirm and
declare as under:
1. That I have the absolute owner of the properties no situated in RT-508, Royal
Tower, Shipra Suncity, Indirapuram, Ghaziabad, Uttar Pradesh in terms of
registered deed dated 25th July, 2006 , registered as Document No. 4523 book No.
62/678 on date 25th July, 2006 , Indrapuram, Distt-Ghaziabad. Uttar Pradesh
2. That the above-mentioned property is free from all sort of encumbrances, burdens,
Loans/debts securities, mortgages, sale gifts, wakf, Daan, Rehan, Municipality Tax,
Revenue, Decree and Injunctions order and any and all other defects.
Deponent
(Mr. Harbind Khosla)
Verification: Verified at Ghaziabad, this 30th day of September 2016 that the contents
of the affidavit are true & correct to the best of my knowledge and belief and nothing
has been concealed therein.
Deponent
(Municipality officer In charge)
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